Skip to main content

About your Search

CNN 10
( more )
English 128
Search Results 0 to 49 of about 128 (some duplicates have been removed)
wants to give tax cuts to the wealthy and to voucherrize medicare. romney will say he is the defender of the middle class. one thing both sides say this, could get heated tonight. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-mute segments, with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means. but i made the final selections. and for the record, they were not submitted for approval to the commission or the candidates. the segments, as i announced in advan
and your taxes. >> unlike president obama, i will not raise tax on the middle class of america. >> i want to reform the tax code so it's simple, fair. >> the candidates' opinions couldn't be more different and the stakes couldn't be higher. >> their philosophy is if you don't are health insurance, don't get sick. >> now is the moment we can do something. and with your help, we will do something. >> cnbc's coverage of the first presidential debate of the 2012 presidential election begins now. >> tonight some of the most influential figures in the nation on the economy join us here on cnbc. >> we've got representative and hopeful ron paul with us. texas, from texas. he is of course outspoken about the federal reserve policies. robert reich is here with us tonight. also with us grover norquist. the man behind the no new taxes pledge so many republicans made. and bob lutz a former top auto executive. the auto bailout expected to be a big topic tonight. and we've got president of the aflcio. unions of course a major constituency. and roger altman. as you can see the lineup card is full. going
is not where we've been but where we're going. governor romney has a perspective that says if we cut taxes, skewed toward the wealthy, and roll back regulations that we'll be better off. i've got a different view. i think we've got to invest in education and training. i think it's important for us to develop new sources of energy here in america. that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the united states. that we take some of the money that we're saving as we wind down two wars to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, it ultimately is going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess, or do we embrace a new economic patriotism that says america does best when the middle class does best in and i'm looking forward to having that debate. >> governor romney, two minutes. >> thank you, jim. it's an honor to be here with you.
a president passing a tax rate on small businesses above 40%. that one tax only pays for 8% of his proposed deficit spending. so this idea, look, overseas, which where i come from means lake superior. we both live near canada, right? the canadians have this figured out. the canadians lowered their taxes to 15%. president obama wants to tax our successful small businesses to go above 40%? when we tax our job creators at much higher tax rates than our foreign competitors tax theirs, they win, we lose. we have to get right with the idea that our jobs come from successful small businesses. we don't want to tax them more, we don't want to regulate them more, we want them to hire more. that is essential. [applause] and none of this is going to work. no business is going to be confident to take that risk to hire people, to advance people, to give people promotions and raises and job security if they see their government borrowing and spending like it is. we can't keep borrowing 36 cents of every dollar our government spends. we can't keep the federal reserve doing what it's doing. we cannot keep l
that says, if we cut taxes, skew toward the wealthy, and roll back regulations we will be better off. i have a different view. i think we have to invest in education and training. i think it is important for us to develop new sources of energy here in america, that we change our tax code to make sure we are helping small businesses and companies here in the united states. that we take some of the money we are saving as we wind down two wars to rebuild america, and that we reduce our deficit in a way that makes us ablet -- that makes it able for us to create critical investments. it is up to you. are we going to go from the top down, which is what got us into this mess, or do we embrace the new economic patriotism that says america does best when the middle class does best? i'm looking forward to having that debate. >> governor romney. >> thank you, jim. i appreciate the chance to be with the president. appreciate the university of denver and their welcome. congratulations to you, mr. president, on your anniversary. i am sure this is the most dramatic place you could imagine, here with me. so
institute for a discussion on the scheduled tax increases the percent to hit in january, including the end of the bush era taxes, payroll tax holiday hikes and invested in come also. a new tax policies and to report says nothing is done. average marginal tax rates would go up by five percentage points on labor income, seven points on capital gains and more than 20 points on dividends. along with more than a trillion dollars in budget cuts. also starting january or known as the fiscal cliff. it should get under way in just a moment. [inaudible conversations] >> good afternoon, and welcome to the urban institute's first tuesday. my name is howard gleckman of the tax center blocks and we are here to discuss taxes in the fiscal cliff. as you all know, washington lives everything that happens here is the biggest or the worst were the most important. how many times for instance have you been told some politician is about to give the speech of his life until he gives the next speech. the tax armageddon has the potential to actually be a watershed in the fiscal policy. true it could be another opp
could be accurate or not. what is the person saying there should not be a millionaire tax or should be. who is the special interest dominating that message point coming out and how does the voter get through it? i think one the most amazing thicks happening in the country when you look at the president number heys doing well. what's fascinated about the amount of money being spent by the cross roads and the entity for some reason the message is not coming through it's not compel fpg you look at the swing states that we were going to be remarkably close are going to trend toward tbhawm a way that somebody thinks to seem unless the debate set the presidential election. it's clear the spt heading toward a environment he has a advantage. romney is going to be exceptional. >> tune in. >> fiewn in and watch. let watch. >> i'm excited. >> talk about in next week in class. >> would you taunt the cross road different and you engage in more localized races congressional and senate how you choose your priorities since so you have a broader scope. >> yeah. that's a good question. we're focused on
, for that matter, those two. to finance a big across the board tax cut but not tell us how. not what big across the board deductions he'll deny people in order to pay for it or even what taxes he's been paying himself over the years. or how he'll finance all those popular things in the president's health care plan once he kills the plan itself. lots of secrets. secrets because he himself has no earthly idea what the answers are. i'm joined by democratic strategist bob shrum and salon's joan walsh. first, however, we have two new national polls on the presidential race. let's check the "hardball" scoreboard. according to a new "washington post"/abc news poll, president obama has a two-point lead holding there, 49%/47%. same score in the new politico poll. obama by two, 49%/47%. "the new york times" this weekend reported on the two campaigns' ongoing debate preps. here is what they said about romney's prep. quote, mr. romney's team has concluded that the debates are about creating moments and has equipped him with a series of zingers he's memorized and has been practicing on aides since august. b
taxes on the middle-class. we have made changes here in the state of nebraska that grows this economy. that is why i am running for the united states senate. they want a change of leadership in washington. we have a senate in washington that hasn't passed a budget, let alone a balanced budget. we can change that. that is why i am running for the united states senate. i want to pass a balanced budget. i'm not your usual politician. obviously i am not one of the good ole boys, and i will make the tough decisions in the united states senate. we'll roll up my sleeves and work hard for you, and i will fight for you. i will fight for all people. thank you. >> thank you. now the opening statement from former nebraska governor and senator bob kerrey. >> i love nebraska. i was born here in lincoln. i went to lincoln northeast high school. i left nebraska, went to war and came home. i recovered from my injuries here in lincoln. i started a business that today employs more than 700 people. i have served you as your governor. we balanced the budget and the economy recovered. i served as a senator
of the unemployed and the poor. that is where a flat tax comes in. it allows attraction of the capital abroad. sam nunn was correct, you have to cut government spending. that has to happen, especially entitlements where you pay people not to work. there are other ways of bringing the debt down. cool ones. for example, how about a federal state, local, tax amnesty program? there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are losing sight and what bill clinton learned in 1993, 1994, if you present a plan that looks credible like you want to reverse the direction, sometimes that creates a boom in and of itself and inspires confidence in the market that has little confidence
benefit from them. your income taxes return that you did benefit because your husband paid mortgage and property taxes on your home. the house ethics committee is examining this question, but they will not report their findings until after the election. would you be willing to ask that committee to hurry up its report before the election? >> let me say to you, i already did that. i wanted them to move ahead. if you recall, i went an hour and 45 minutes speaking to 200 reporters on august 21, the day after i was required to file my financial statement. and i sat for as long as they had questions on the issue, and i believe that they were satisfied. i found more information on any other candidate. not only did i agree to file my tax returns after a little bit of prodding, my husband also agreed to file his with the -- not with the ethics committee but with the f.e.c., but the action you are talking about was started by a right wing legal organization foundation knowing that i would have to -- that there would be an automatic inquiry. we have filed the necessary papers. i have asked th
out enough in debt, and enough taxes we have made changes that grows this economy, and that is why i am running for the united states senate. to change the want leadership in washington. we can change that. that is why i am running for the senate. i want to pass a balanced budget. i am not your usual politician. i'm not one of the good old boys pay ed i will make this tough decisions in the united states senate. i will roll up my sleeves, work hard for you, and i will fight for you. >> now the opening statement from bob kerrey. >> thank you. i love nebraska. i always have and i always will. i was born here in lincoln. i left nebraska and went to war and came home, and i recovered from illness in the lincoln. i started a business that employed more than 700 people. i served as your governor, balancing our budget, and i left after four years and went back to business. i served as your son that -- as your senator, and again we balance our budget. i am a candidate for congress for the senate because congress needs to change, and i will fight to make that happen. i have never had and neve
and a tax cut. that was done with the republican governor, is split between republicans and democrats in the house and senate. it was a bipartisan effort. we got it done for texas. road. been on the i really do not know. >> mr. sadler, a democrat has not won a statewide office in texas since 1994. do you consider this an uphill battle? >> for an open senate seat, it is always a battle, and should be, and needs to be, regardless of the party. i understand we have not elected a democrat in a long time. >> let's go to mr. cruz. he said the day after you beat lt. governor dewhurst, he said he would run scared for the general election. but you have agreed to this and what other debt -- televised debate. you criticized governor dewhurst for having almost 40 candidate forms up to the primary, but are you planning its eighth and coasting? safe and coasting? >> we have been crisscrossing the state of texas. we have been all over the state, literally hundreds of dop's and vfw halls and enny's talking with voters in every part of the state. that is what we are doing between now and election day.
to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian chiefs today. with luck they were making $200 a month, but they were talented, they brought out the best in all of us. they were by example really fine people, and with the highest qualities. all that got transmitted to the children at class a even if they were not getting it at home. >> when you were running you were talking about increasing not necessarily dollars per capita, but investing in education, communications, and transportation. even while trying to reduce deficits and debt, you w
in new defense spending that the pentagon didn't ask for. $5 trillion tax cut, future of the wealthy. >> reporter: the claim is complicated by the way biden framed the argument. >> how they can justify raising taxes in the middle class has been buried the last four years. how in lord's name can they justify raising their taxes? >> obama officials today insisted that was not a gaffe, biden clarified. >> the middle class was buried by the policies of romney and ryan supported. >> republicans like rubio are off to the races. >> those happen to be the words that the distinguished vice president of the united states mr. joe biden. no, don't boo. he is the best thing we've got going, guys. >> reporter: now denver has always been big for this president. in 2008 is where he launched the hope and change in front of the great columns of the democratic convention. 2009. this is where he signed the stimulus in law. tonight, he puts it all on the line trying to make his case for a second term. bret? >> bret: ed, thank you. experts will tell you the challenger often gets a slight bump in the polls
romney has been running around the country for the last year promising $5 trillion in tax cuts to pay for the wealthy. the fellow on stage last night said he didn't know anything about that. >> around the same time governor romney was making a surprise appearance at the conservative political action conference, cpac in denver before heading to virginia for an event with congressman paul ryan later on this evening. zoo >> i know your passion for econo america and your desire to take our country back. for that to happen you guys have to cheer here and knock on doors and get people who voted for president obama to see the light sxwro and join our team. >> joining us now is steve boykin and anne cornbluth and steve deyes. the president out at that rally seemed more enthusiastic. he said that was not the real mitt romney who showed up at the debate last night. so the question to you, was it the real president obama who showed up last night? >> great question, because the president obama at that rally is not what i saw on the debate stage last night. one lingering question in my mind and i
economic theory of tax cuts for the very rich, despite the fact that he denied the existence of tax cuts or the existence of math. the notion that let's go to war on wall street -- go to war with "sesame street" but give wall street a big wet kiss. that's exactly what got us into this mess. >> that's not what they saw. i get the interpretation. you have a campaign to win. but what they saw was one guy who seemed to be someone they'd never seen before. he shattered the fiction of the advertising. he was a guy brimming with new ideas and energy. and they saw the president of the united states sleep walking. >> mike, i don't think -- >> let me finish. the tired contrast rang a bell. romney has ideas, and the president has no vision for his second term. and i think that's what hurt him. >> mike, i don't doubt this was someone they had never seen before. i think there were people in the romney campaign who had never seen this candidate. a week ago paul ryan was asked to explain the math of a $4.8 trillion tax cut. and he said i don't have time. mitt romney said we just don't do math. like mat
inflation. front and center are jobs. i will be the only candidate advocating eliminating income tax, corporate tax, abolishing the irs and replacing that with one federal consumption tax. i embrace the fair tax. i think that is the answer to jobs. if the private sector does not create tens of millions of jobs, i did not know what it will take to create tens of millions of jobs. it is the entry to china. i see manufacturing jobs flocking back to the united states. are you hearing these things from these other two guys? no. they are arguing over who will spend more money on medicare. romney said he wants to increase spending for the military and balance the budget. it doesn't add up. i guess we believe in santa claus and the easter bunny and i do not think they are coming. host: gary johnson is with us and will add a third line for third party voters. we will get to your calls in just a couple of moments. what is the strategy for the rest of the election? guest: right now there is a lot of attention that is being drawn to what it is that i am saying. i'm being recognized for being at
there be anything surprising that emerges from there? mike the committee be smaller tax >> we were talking about rumors earlier in the context of -- might thed committee be smaller? >> we were talking rumors earlier. probably the u.s. is on the side, a minor concern that may have affected by a day or two. but fundamentally i think this got decided out of an internal logic in china, and not looking at united states. my own personal guess is that if you look at the pool of people eligible to be the next and the commit -- standing committee, we may have some difficulty deciding which fisher going to get pulled out of the pond. it is revealing to look at the fish in the pond, the totality of what they are choosing among and what we're looking at is a more diverse group of people in terms of education, business, law, even humanity, to some extent. we are looking at a broader generations. we are looking at people, we were talking about xi. he has some enormous experience, my those leaders from all over the world visiting his city. i think we are looking at people experienced in the world. when we look
worse economic news again. we saw that corporate tax has dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%. let me send it back to you. >> thank you very much. the first presidential debate. john harwood is on the ground in denver. he joins us with the latest nbc news "wall street journal" poll. it looks like things are starting to even out at least a little. is this the bounce that president obama got after the democratic convention coming back down? >> well, i think it's the bounce from the convention and the surge that he got on top of the convention with that 47% video, so there is some good news for romney. not only our national poll, but a
another $5 trillion on tax cuts for the wealthiest americans, if we get rid of regulations on wall street, then all our problems will be solved and jobs and prosperity will trickle down on all of you, debts will disappear, we will live happily ever after. there is only one problem with that. we tried that in the ticket before i became president. it didn't work. top down economics never works. we don't need to double down on the same trickle-down policies that got us into this mess in the first place. we don't need policies that just help folks at the very top. that is not how the country grows. that is not how we succeed. we succeed when at the middle class gets a bigger, when more people have a chance to get ahead and live up to their god- given potential. far when we very have leaders who write off half the nation as a bunch of the victims who don't take responsibility for their lives. let me tell you, i have been to nevada in line. you guys may get tired of me. but as i travel around the state, i don't see a lot of the victims. i see a lot of hard-working nevadans. [applause] i see stu
this weekend. >> he for instance is going to raise taxes and his vice-president blurted out the truth. they plan on raising them trillion and it is two trillion when you put it together. that is an increase on taxes in maul business and that will mean less jobs. >>> and in the meantime obama campaign continues to hit mitt romney on the idea of being dishonest and nigh add out there saying he was not for a five trillion tax cut he was lying about that as he was when he said the president wants to raise the taxes $4000. obama disputed that that was independent but did not dispute the $4000 figure. and in the meantime president in cleveland making fun of mitt romney. listen to this. >> for all of you moms and kids out there. don't worry, somebody is getting tough on big bird. elmo, you better make a run for it. governor romney is going to let wall street run wild again but bring the hammer down on sesame street? >> and democrats are wondering where that president obama was in the debate on wednesday and people wonder if he will be tough one on one when he has the stage. >>> and the obama
Search Results 0 to 49 of about 128 (some duplicates have been removed)